#StartupLessons

[digitalagencyrichatejwani]

Why most Startups fail at Advertising and how to avoid it.

[keeyomiuno]

How Talking to Users Can Make or Break Your Startup

Hello, my Keyomi’s! What’s up, you guys?

When it comes to building a startup, having a great idea isn’t enough—you need to validate it. This week, I dove into the importance of talking to users, and let me tell you, it was an eye-opener. Many startups fail not because they lack passion or resources, but because they don’t understand what their users actually want.

One of the most important takeaways from this lesson was The Mom Test—a simple but powerful concept that helps entrepreneurs get honest feedback instead of polite compliments. The biggest mistake we make when asking for opinions is asking, “Do you think my idea is good?” Of course, people (especially friends and family) will say yes because they don’t want to hurt our feelings. But that’s not useful. Instead, we should ask questions that focus on their real experiences, such as “When was the last time you faced this problem?," “How do you currently solve it?," and “Have you ever paid for a similar solution?". This type actions instead of hypothetical future behavior, we get real insights that help us refine or even pivot our idea before investing too much time and money.

Asking the right questions during user interviews is also crucial. If I ask someone, “Would you use this product?”, they might say yes out of politeness, but that doesn’t mean they will. Instead, I should ask, “How are you solving this problem right now?” or “Can you walk me through a recent experience where this issue occurred?” This strategy ensures I gather genuine insights into user behavior and pain points. Observing what people do rather than what they say is far more valuable in determining whether an idea has potential.

Another major takeaway is that validating an idea should come before building the product. Many startups fail because they invest time and resources in developing something that people don’t actually need. Instead, a smarter approach is to test interest early by conducting interviews, creating surveys, or launching a simple landing page to gauge demand. By doing this, I can ensure that I am building something that solves a real problem.

Overall, this learning experience has changed my perspective on starting a business. I now understand that success isn’t about having a great idea—it’s about solving a real problem backed by data and user insights. By focusing on conversations with users, asking the right questions, and validating before building, I can make informed decisions that increase the chances of success in any entrepreneurial venture.

Here's the link to the lecture if want to have the same impact with, Keyomi's: https://www.youtube.com/watch?v=cTEj2I74F-Q

[ankitparmar09]

Failure = The Best Teacher Not every product succeeds. But every failure leaves behind a lesson.

In my latest video, I break down some of the biggest product flops—and the key takeaways they offer: ↳ Know your audience – If your product doesn’t fit their needs, it won’t take off. ↳ Keep it simple – Overcomplicated designs push users away. ↳ Listen to feedback – Ignoring users is a recipe for disaster. ↳ Never underestimate the competition – If you’re not adapting, you’re falling behind. Failures aren’t the end. They’re stepping stones to success. Watch the full video and learn how to build better products! What’s a failed product that taught you something? Drop it in the comments.

[adapasrinivas]

Ready to take your business from Zero to One? 🚀 Start thinking differently today!

Peter Thiel, the co-founder of PayPal and a visionary venture capitalist, shares invaluable lessons in his book Zero to One—a must-read for every aspiring entrepreneur. 🌟

1️⃣ 𝗨𝗻𝗱𝗲𝗿𝘀𝘁𝗮𝗻𝗱𝗶𝗻𝗴 𝘁𝗵𝗲 𝗕𝗮𝘀𝗶𝗰𝘀

Create something NEW instead of copying existing ideas.

Monopolies drive innovation, while competition stifles growth.

Start small by dominating a niche market first.

2️⃣ 𝗦𝗲𝗰𝗿𝗲𝘁𝘀 𝘁𝗼 𝗕𝘂𝗶𝗹𝗱𝗶𝗻𝗴 𝗮 𝗚𝗿𝗲𝗮𝘁 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀

Seek out hidden opportunities others overlook.

Build proprietary tech that’s 10x better than alternatives.

Create a strong team culture for long-term success.

3️⃣ 𝗧𝗵𝗲 𝗣𝗼𝘄𝗲𝗿 𝗼𝗳 𝗠𝗼𝗻𝗼𝗽𝗼𝗹𝗶𝗲𝘀

Monopolies = innovation + sustainability.

Think of Google and Tesla as prime examples.

Make a product so good that no one else can compete.

4️⃣ 𝗧𝗵𝗲 𝗙𝘂𝘁𝘂𝗿𝗲 𝗕𝗲𝗹𝗼𝗻𝗴𝘀 𝘁𝗼 𝗩𝗶𝘀𝗶𝗼𝗻𝗮𝗿𝗶𝗲𝘀

Look 10-20 years ahead and imagine the possibilities.

Solve problems no one else is tackling.

Shape the future by building what doesn’t yet exist.

5️⃣ 𝗟𝗲𝘀𝘀𝗼𝗻𝘀 𝗳𝗼𝗿 𝗘𝗻𝘁𝗿𝗲𝗽𝗿𝗲𝗻𝗲𝘂𝗿𝘀

Competition is for losers—stand out in your space.

Scale sustainably with a clear strategy.

Being the first mover only works if you keep innovating.

✨ What bold move will you make to take your business from Zero to One? Let us know in the comments!

[ladookhotnikov]

The Biggest Failures of 2023: Insights from Lado Okhotnikov on Technological Chaos

Let's delve into the tech startup realm with Lado Okhotnikov's insights on some major failures of 2023.

Cruise's fatal accident, Convoy's bankruptcy, WeWork's downfall, IRL's bot farm scandal, and Byju's meteoric rise and fall serve as powerful lessons for the industry.

From mishaps in autonomous driving to unethical practices and unsustainable growth, these cautionary tales underscore the importance of responsible leadership and strategic planning.

[acesnws]

The Indian startup ecosystem has been on a remarkable journey and these stories serve as an inspiration to all aspiring Startup Founders in India and around the world.

[successbhai]

Apply the lessons. Esp 2nd and 8th. Business is all about dealing with people, product and profit. But college do not prepare us to to deal with any of the above three. There are hundreds of things, small small things that we should be taught in college or through parents but we are left to learn those lessons in the school of life all by ourselves, the hard way. when you are learning something or reading something makes sure that you could utilise it somewhere otherwise stop reading it, stop consuming it. Example, even after reading this long para if you keep consuming things that you do not need.. like masala news and all those stuff.. you know what I am talking about then reading this was an utter waste of human time. Don't do it. #collegeeducated #educationiskey #educationfirst #professionaleducation #collegethings #lifelessonslearned #lifelesson #bschool #graduatestudent #studentsuccess #youmustlearn #investinself #successbhai #successschool #learnedthehardway #thehardway #lessonslearnedinlife #lessonsoflife #businesslessons #startuplessons #innovationmindset #learnaskill #upgradeyourlife #startuplifestyle #alwayslearningalwaysgrowing #studentlifestyle #examtime #itsokaynottobeokay #startup2020 #startabusiness https://www.instagram.com/p/B68KYOcns9X/?igshid=p3cvqqcydol8

[essentialise]

Sharing stories Fourteen years in business Some successes, many lessons Having a platform to share this Priceless #startupstories #uksmallbusinessowner #founderjourney #founderlife #startuplessons #blackenterprise #sharingblackstories #blackvoicesmatter #lessonsinbusiness #alwayslearningsomethingnew https://www.instagram.com/p/CkXwZ1sDe-j/?igshid=NGJjMDIxMWI=

[debasisbasurii]

What does growth mean? Is it all about personal growth? For me it is never about personal growth. If it would be so, none of the histories would have been created. Every personal growth is a short term growth, however fantasizing it may seem. In the long run, nothing but the vision works. In order to reach the goal, you need to think that way. A team doesn't work for the boss, not any more. They work for a vision and that's what motivates them to grow. Being an entrepreneur, you need to think about the personal growth of every individual and sum it up for the bigger growth. Next time when you think about growth, look at your team and compare them with their version 5 years back. If there is a growth, you are the winner. For more join me @debasisbasurii For more join me @debasisbasurii For more join me @debasisbasurii #teamwork #growwithteam #teammanagement #entrepreneurship #growlikeapro #teamworkmakesthedreamwork #teamstrength #smallbusinessgrowth #smallbusinessowners #smallbusiness #startups #startuplessons #smallbusinesslessons #smallbusinessadvisor #smallbusinessconsultant #smallbusinessconsulting #smallbusinessvision #smallbusinessmission #vision #mission #debasisbasuri #debasisbasurii (at Times Square, New York City) https://www.instagram.com/p/CGAMKuoAZ-p/?igshid=17fq1nfitoh2f

[ash-grover]

The hard-hit small businesses are trying to resume their work and income during these tough times. But, the correct path being unclear is causing a lot of hindrance in the process.

Let’s discuss in this blog about the right path to resume your services just like many other players in the market, who are trying to play consciously.

[curiousraunak]

One day your car will be more expensive than their lifetime income. . . #curiousraunak #kindnesskarma #entrepreneur #startuplessons #business #startupbusiness #entrepreneurship #entrepreneurcoach #entrepreneurialmindset #entrepreneurialspirit #entrepreneurshiplessons #goodvibes #startuplessons #startups #successmindset #growthhacks #startuptips #lifestyle #instadaily #instamood #raunak #youtuber #podcaster #youngentrepreneur #startupsideas #entrepreneurialjourney https://www.instagram.com/p/CCVBemUDQtV/?igshid=p3a46t6dqpka

[matjazmarussig-blog]

Startups: What They Need to Know

https://medium.com/datadriveninvestor/startups-what-they-need-to-know-3ec719575d23

[dubstepcarcommercials]

5 Ways Startups Can Awe Their Consumers https://goo.gl/1M4Kdo

[el--capitan]

5 Ways Startups Can Awe Their Consumers https://goo.gl/1M4Kdo